“PT Hutama Marga Waskita (“HMW”) is a toll road company recently owned by Waskita Toll Road. HMW owns toll road concession rights for the Kuala Tanjung – Tebing Tinggi – Parapat segment located in North Sumatra.
Kuala Tanjung – Tebing Tinggi – Parapat is part of the Trans Sumatra toll road linked to the Medan – Binjai – Tebing Tinggi toll road and will support connectivity to the Kuala Tanjung harbor and Kualanamu airport.
Currently, HMW shares are owned by Company of 30.00% and PT Jasa Marga (Persero) Tbk of 30.00%, while 40.00% of its shares are owned by PT Hutama Karya (Persero).”